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WS: FIN: FAQ - Payment Terms (P0014, P00145) (Doc ID 1510202.1)

Last updated on JUNE 21, 2018

Applies to:

JD Edwards World Accounts Receivable - Version A7.3 cume 4 and later
JD Edwards World Accounts Payable - Version A7.3 cume 4 and later
Information in this document applies to any platform.

Purpose

 To answer frequently asked questions regarding setup of payment terms and advanced payment terms.

Questions and Answers

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In this Document
Purpose
Questions and Answers
 Question 1:  How can a payment term be set up so that the voucher is due on the last day of the month, regardless of the number of days in the month?
 Question 2:  How does the system assign the discount due date and net due date to transactions if you setup and use a payment term using the Prox Date Month/Day fields?
 Question 3:  How do you set up and use the workday calendar to calculate a due date that occurs on a specific day of the week using an Advanced Payment Term?
 Question 4:  How do you set up a simple payment term with a discount for a specific number of days and if not paid a net due date?
 Question 5:  How do you use the Days to Add, Months to Add, and Fixed Days fields in the Due Date Rule Revisions program (P00146) to set up complex payment terms?
 Question 6:  Are payment terms calculated from the Supplier or the Factor/Special Payee when entering a voucher in Standard Voucher Entry?
 Question 7:  Where can you put the payment term for a supplier or customer to default onto the AP voucher or AR invoice?
 Question 8:  How would I set up an Advance Payment Term that needs to default in a Due Date of no matter the invoice date end of Month plus another 35 days?
 Question 9:  How to prevent a voucher from getting a discount?
 Question 10: Is there a way to set up two different payment term due dates on two separate lines of a voucher?
 Question 11: What would could cause a voucher created in Procurement to not recognize the Payment Term?
 Question 12: What options are available to change the Payment Term value on a posted invoice record?
 Question 13: Where do you populate a payment term for a customer or supplier to default into the invoice or voucher upon entry?
References

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